CNC Midt ApS — Credit Rating and Financial Key Figures

CVR number: 37254207
Højvang 4, 7560 Hjerm
jakob@cncmidt.dk
tel: 60679779
www.cncmidt.dk

Credit rating

Company information

Official name
CNC Midt ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About CNC Midt ApS

CNC Midt ApS (CVR number: 37254207) is a company from STRUER. The company recorded a gross profit of 923.6 kDKK in 2024. The operating profit was 222.7 kDKK, while net earnings were 171.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 97.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CNC Midt ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit618.98741.32772.31754.18923.56
EBIT99.19156.26174.42105.23222.72
Net earnings75.58119.99134.3480.18171.87
Shareholders equity total125.58169.99184.34130.18221.87
Balance sheet total (assets)370.39377.01456.93561.32650.24
Net debt-74.9530.60- 133.15- 337.04-73.90
Profitability
EBIT-%
ROA26.1 %41.8 %41.8 %20.7 %36.8 %
ROE44.7 %81.2 %75.8 %51.0 %97.6 %
ROI56.9 %94.4 %88.5 %62.4 %117.5 %
Economic value added (EVA)70.00118.41126.3878.32183.14
Solvency
Equity ratio33.9 %45.1 %40.3 %23.2 %34.1 %
Gearing3.9 %18.0 %5.0 %5.9 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.61.21.3
Current ratio1.51.81.71.31.5
Cash and cash equivalents79.84142.38344.7483.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:36.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.1%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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